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Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. ITC Holdings's Tax Expense for the three months ended in Jun. 2016 was $45 Mil. ITC Holdings's Pre-Tax Income for the three months ended in Jun. 2016 was $116 Mil. Therefore, ITC Holdings's Tax Rate % for the quarter that ended in Jun. 2016 was 38.98%.
The historical data trend for ITC Holdings's Tax Rate % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ITC Holdings Annual Data | |||||||||||||||||||||
Trend | Dec06 | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | |||||||||||
Tax Rate % | Get a 7-Day Free Trial | 35.56 | 36.64 | 33.73 | 38.11 | 36.85 |
ITC Holdings Quarterly Data | ||||||||||||||||||||
Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | |
Tax Rate % | Get a 7-Day Free Trial | 37.33 | 36.75 | 34.65 | 38.22 | 38.98 |
Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.
ITC Holdings's Tax Rate % for the fiscal year that ended in Dec. 2015 is calculated as
Tax Rate % | = | Tax Expense (A: Dec. 2015 ) | / | Pre-Tax Income (A: Dec. 2015 ) |
= | 141.471 | / | 383.877 | |
= | 36.85 % |
ITC Holdings's Tax Rate % for the quarter that ended in Jun. 2016 is calculated as
Tax Rate % | = | Tax Expense (Q: Jun. 2016 ) | / | Pre-Tax Income (Q: Jun. 2016 ) |
= | 45.179 | / | 115.905 | |
= | 38.98 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of ITC Holdings's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.
Edward G Jepsen | director | C/O AMPHENOL CORPORATION, 358 HALL AVENUE, WALLINGFORD CT 06492 |
Rejji P Hayes | officer: EVP & CFO | ONE ENERGY PLAZA, JACKSON MI 49201 |
Thomas G Stephens | director | 777 JOSLYN ROAD, MC 483 720 540, PONTIAC MI 48340-2925 |
Dave R Lopez | director | 100 N BROADWAY, OKLAHOMA CITY OK 73102 |
Lee C Stewart | director | PO BOX 816, SHARON CT 06069 |
Chris Franklin | director | 762 W.LANCASTER AVE, BRYN MAWR PA 19010 |
Cameron M Bready | officer: EVP & Chief Financial Officer | 3550 LENOX RD, ATLANTA GA 30326 |
Watts J C Jr | director |
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